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Alight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024
Alight, Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $174 million with a gross margin of 31.4%. Adjusted EBITDA was
Nov 12, 2024
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ManpowerGroup Reports $4.5B Revenue Amid Global Market Shifts in Q3 2024
ManpowerGroup reported Q3 2024 revenues of $4.5 billion, down 3% year-over-year (-2% in constant currency), reflecting challenges in North America and Europe but strong demand in Latin America and Asia-Pacific. Net earnings per diluted share were $0.47, impacted by restructuring costs and a discrete
Oct 17, 2024
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Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results
Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 2024, total revenue grew 19% to $1,402.5 million and recurring
Aug 1, 2024
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Insperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges
Insperity, Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net income reached $18 million, with a diluted EPS of $0.48. Adj
Aug 1, 2024
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Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position
Paycom  Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per diluted share, while the non-GAAP net income stood at $92 milli
Jul 31, 2024
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ManpowerGroup Q2 2024: Navigating Challenges, Showcasing Resilience with $4.5B in Revenues
ManpowerGroup reported its Q2 2024 results, revealing a 7% year-over-year decline in revenues to $4.5 billion, affected by a challenging environment in North America and Europe, yet solid demand in Latin America and the Asia-Pacific. The company achieved a gross profit margin of 17.4% and reduced SG
Jul 18, 2024
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Korn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations
Korn Ferry reported its Q4 FY'24 fee revenue at $690.8 million, a 5% decrease from the previous year, and full-year revenue of $2.76 billion, down 3%. Despite the revenue decline, the company saw improved profitability with Q4 net income of $65.2 million and adjusted EBITDA of $112.3 million. Consul
Jun 13, 2024
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Paylocity Announces Third Quarter Fiscal Year 2024 Financial Results
Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A key highlight is the approval of a $500 million share repur
May 2, 2024
Stock Repurchase
ManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of 17.3% as reported, 17.5% as adjusted. Staffing
Apr 18, 2024
Stock Repurchase
Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight, Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move is expected to enhance Alight's margin profile by nearly
Mar 20, 2024
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